Massachusetts

The Massachusetts Bay Transportation Authority will be coming to market on Tuesday with its first competitive deals in at least 15 years when it puts up for bid two sales tax and assessment refinancing transactions totaling about $344.2 million.

Brexit, the United Kingdom’s referendum vote to leave the European Union, may complicate the fiscal strife facing many Northeast states by adding another variable to problems that were already present.

Massachusetts lawmakers send Gov. Charlie Baker a $39.1 billion budget amid ever-widening revenue gap projections.

Working against deeper budget deficit estimates, Massachusetts House and Senate leaders are negotiating a budget for the new fiscal year that will start Friday.

Massachusetts intends to sell about $900 million of bonds as its top lawmakers work on a budget deal that reflects a larger-than-expected revenue shortfall projection.

Much of the funding in Massachusetts’ new five-year, $14.8 billion capital plan goes to transit infrastructure upgrades.

Mesirow Financial has appointed Blake Anderson to a newly-created position leading client portfolio strategy in its institutional sales and trading group.

Massachusetts does not expect to draw on the state's rainy-day budget to fill a $311 million revenue gap for fiscal 2016, a budget official tells investors.

Michael Mulhern will resign as executive director of the embattled $1.6 billion MBTA Retirement Fund, which is under fire for its secretive management,

Massachusetts officials acknowledge a $311 million year-to-date revenue shortfall that could complicate efforts to finalize a state budget.

Former Massachusetts assistant treasurer Colin MacNaught has launched tech company BondLink to help muni issuers manage debt management programs.

Mass. Gov. Charles Baker released a $4 billion capital plan for Fiscal Year 2017 that includes a $2.19 billion cap on general obligation bond issuance, a 3% increase over the previous fiscal year.

The Massachusetts Bay Transportation Authority will terminate five legacy interest-rate swaps after receiving approval to do so from its two governing boards.

Former longtime Citigroup banker Mike Heffernan will oversee the Massachusetts Department of Revenue, commonwealth officials announced.

Connecticut, home to the two tribal casinos that launched a gambling boom in the northeast, may become a victim of that boom as gambling behemoth MGM builds a casino just across the state line in Massachusetts.

The Massachusetts Bay Transportation Authority intends to hand its oversight board a $2 billion budget that trims its structural deficit from $242 million to $80 million.

Organizers of a muni conference that features academics, market practitioners, public officials and regulations are rebranding the event and moving it from Boston to Washington.

The Schaghticoke Tribal Nation filed a lawsuit against Connecticut, asserting a casino law is unconstitutional.

Boston intends to come to market this week with a roughly $140 million sale of Series 2016A new-money GO bonds and an $8.1 million refunding.

Massachusetts intends to come to market with a $1.1 billion general obligation offering, the second-largest this week.